Afraid to buy the dip? Bitcoin options provide a safer way to ‘go long’ from $38K
BTC price continues to trade in a wide range, providing an opportunity for options traders to use the Iron Condor strategy.
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BTC price continues to trade in a wide range, providing an opportunity for options traders to use the Iron Condor strategy.
Digital currency markets have been tumultuous during the past month as bitcoin shed 15.43% and ethereum dropped 17.49% against the U.S. dollar. Moreover, crypto spot volumes are down 18.95% lower…
Holding BTC price below $39,000 will give bears a $350 million profit in this week’s $1.9 billion options expiry.
Ethereum Foundation members expect “the merge” to happen before year-end and savvy options traders will profit using this options strategy.
BTC staged a small relief rally, but securing $41,000 is the key to determining whether or not the current sell-off has ended.
Analysts are mostly bullish on BTC’s short term price action, even if a retest of the $45,000 level must happen first.
Recent strength in Ethereum boosted investors' morale and gave bulls the upper hand in Friday's $2.4 billion options expiry.
Holding $42,000 will help determine whether BTC bulls bag a $175 million profit in March 25’s $3.34 billion options expiry.
Short sellers got liquidated to the tune of $150 million, but two metrics show pro traders did not flip bullish after the recent Bitcoin rally.
Ether’s price has been sideways for 27 days, but pro traders are not confident about the $2,500 support, according to derivatives.